Market Volatility: Sell-Off Amidst Unchanged Fundamentals

A recent market analysis by KobeissiLetter paints a picture of widespread sell-offs across asset classes, with intraday rebounds being quickly sold off to generate profits. Despite this volatility, fundamentals remain stable and unchanged – even the most robust bull markets experience fluctuations in price. The S&P 500 Index, known for its average annual growth of around 10%, typically experiences at least three downturns of 5% or more each year. This market analysis underscores that short-term declines are nothing to be alarmed about. A cycle of interest rate cuts is underway, monetary easing is now a reality, and the AI revolution is gaining momentum.